Master of Finance

International School of Management
Finance
Masters
Private
Germany

Course Details

Category	Details
Time
Campus	Dortmund
Duration	2
Deadline-Date
Fee Per Year	12960
Application Fee
Currency	euro
Intake Link	https://ism.de/studium-vollzeit/master/finance-studium/ueberblick
Deadline Link	https://ism.de/studium-vollzeit/master/finance-studium/bewerbung
Intakes	August
Program language requirement	English-Taught Programs: IELTS 6.5+ (no band below 6.0) OR TOEFL iBT 90+ OR Duolingo 110+ OR Medium of Instruction Certificate (if Bachelor's was in English) German-Taught Programs: TestDaF (4xTDN4) OR DSH-2 OR Goethe-Zertifikat C1

Who can Choose this program?

Mandatory Qualification: You must hold a 4-Year Bachelor’s degree (e.g., BBA, BS, BSc, BEng) OR a 2-Year Bachelor’s degree following a 2-Year Associate Degree.

Additional Information

Category	Details
Scope of the program
Program entry requirement	Bachelor's Degree (4 years/16 years education) in a relevant field
Required GPA	2.5 German GPA equivalent (~70% in Pakistani system) for most programs Competitive programs may require higher grades (~75%+)
GRE Required
GMAT Required
Application Process	1. Register for an Online Application Portal: Start by creating an account on the Uni-Assist portal or the specific university's application portal, depending on where you're applying. This gives you access to the application form and allows you to track your progress. 2. Start the Application Process: After registration, begin filling out the online application form. You can apply to multiple universities and programs through Uni-Assist or directly if the university has its own system. 3. Complete the Application Form: Provide accurate and complete information, including personal details, academic background, choice of study program, and previous qualifications. Double-check for errors before submitting. 4. Upload Required Documents: Submit all required documents through the portal. These typically include:  Academic Transcripts: Official copies of your school-leaving certificates, bachelor's degrees, and mark sheets (with certified German or English translations).  Language Proficiency Test Scores: 1. For English-taught programs: IELTS/TOEFL 2. For German-taught programs: TestDaF, DSH, or Goethe-Zertifikat  CV or Resume: Updated and formatted in Europass style (recommended).  Statement of Purpose/Motivation Letter: Describe your academic goals, program interest, and why you wish to study in Germany.  Letters of Recommendation: Usually 1–2 academic references from previous professors or employers, submitted as PDFs.  Passport Copy: A clear copy of your valid passport. 5. Pay the Application Fee: For Uni-Assist, the standard fee is €75 for the first university and €30 for each additional university. Payments are made online via bank transfer or credit card. 6. Submit Your Application: After completing all sections and uploading documents, submit your application before the deadline. You will receive confirmation of submission and updates via email. 7. Wait for the Admission Decision: Universities may take 4–12 weeks to review your application. Once accepted, you’ll receive an admission letter, which is required for your visa application.
Available Scholarships	https://studyabroadupdates.com/category/study-in-germany/
Program accreditation
Living expenses	Living in Germany is relatively affordable compared to other Western European countries, especially for students. Here’s a breakdown of typical monthly expenses: Accommodation  Shared flats or student dorms are the most budget-friendly.  Rent varies by city and location.  Average cost: €300 to €600/month Transportation  Most universities include a semester ticket that offers unlimited local travel.  If not included, monthly passes are still reasonably priced.  Average cost: €30 to €50/month Health Insurance  Mandatory for all students in Germany.  Public student health insurance is the most common option.  Average cost: €110 to €120/month
Visa Process Details	Germany Student Visa (National Visa – Type D) International students must apply for a long-term national visa before entering Germany to pursue full-time academic studies. Required Documents:  A valid passport (minimum 6-month validity)  A letter of admission from a recognized German university  Proof of financial resources, typically via a blocked account showing at least €11,208/year (2025 requirement)  Health insurance coverage valid in Germany  Academic transcripts and certificates of previous education  Completed visa application form and payment of the application fee (€75)
Part timework	International students in Germany are legally allowed to work part-time while studying, which helps cover living expenses and gain valuable work experience. Work Limitations:  120 full days OR 240 half days per year  No work restrictions during official semester breaks  Must inform and sometimes get permission from the Federal Employment Agency Common Part-Time Jobs:  A research assistant or student assistant at university  An english tutor or freelance translator  The café or restaurant staff  Customer support or data entry roles  Delivery rider or cashier
Post-study work opportunity	After graduating from a German university, you can apply for an 18-month residence permit to search for a job related to your degree. This permit is called the "Residence Permit for Jobseekers" (Aufenthaltserlaubnis für Arbeitsplatzsuche). You must apply before your student visa expires.

What are the admission requirements for the Master's in Finance program at ISM Dortmund?

To apply for the Master's in Finance program at ISM Dortmund, you must hold a 4-Year Bachelor's degree in a relevant field or a 2-Year Bachelor's degree followed by a 2-Year Associate Degree. A minimum GPA of 2.5 German GPA equivalent (approximately 70% in the Pakistani system) is required, with competitive programs potentially needing higher grades.

What is the application process for the Master's in Finance program?

The application process involves creating an account on the Uni-Assist portal or the specific university's application portal, filling out the application form, uploading required documents, and paying the application fee. After submission, you will have to wait for the admission decision, which can take 4 to 12 weeks.

What is the cost of studying the Master's in Finance at ISM Dortmund?

The fee for the Master's in Finance program is €12,960 per year. Additional costs for accommodation, transportation, health insurance, and other living expenses will also need to be considered while budgeting for your studies in Germany.

Can international students work part-time while studying in Germany?

Yes, international students in Germany can work part-time while studying. They are allowed to work for 120 full days or 240 half days per year and can work without restrictions during official semester breaks. Common part-time jobs include research assistants, English tutors, and café staff.

What post-study work opportunities are available after completing the Master's in Finance?

After graduating from a German university, international students can apply for an 18-month residence permit to search for jobs related to their degree. This permit is known as the "Residence Permit for Jobseekers" and must be applied for before the student visa expires.